Former Andreessen Horowitz partner Katie Haun has raised $1 billion for a new venture fund focused on crypto and blockchain. The capital will be split between early‑stage and later‑stage startups, targeting projects that span alternative assets, the agentic economy and financial services. The move signals renewed confidence in digital‑asset infrastructure.

Haun left a16z in late 2021 and launched her own firm in 2022. The new venture now manages more than $2 billion in assets, according to PitchBook, with prior investments in Palmer Luckey’s Erebor Bank and crypto‑finance outfit Ellipsis Labs. The $1 billion will be deployed globally over the next two to three years.

The fund’s focus on alternative assets like gold and commodities, alongside the agentic economy, positions it to tap emerging trends in tokenized physical assets. Investors eye the strategy as a hedge against volatility in traditional crypto markets. With a sizable capital base, the firm can accelerate adoption of blockchain solutions across sectors.

By channeling capital into both nascent and mature projects, Haun’s firm aims to bridge the gap between early innovation and market‑ready products. The $1 billion allocation will also support infrastructure that facilitates compliance and regulatory clarity, a critical hurdle for widespread institutional adoption. This infusion underscores the resilience of crypto investment ecosystems despite recent market swings.